What we do N K Industries Ltd manufactures castor oil and derivatives used in lubricants, paints, cosmetics, and pharmaceuticals, with exports to major markets like Europe and the US. |
Founded in 1,987 |
Market share Established castor oil producer with significant crushing capacity and integrated manufacturing facilities; exporting to global markets. |
Problem solved Provides high-quality natural chemical sources for several industries, addressing demand for sustainable and specialty oils. |
Top clients or who we serve B2B focus serving lubricant, paint, cosmetic, pharmaceutical industries; exports primarily to Europe, Brazil, and the US. |
Key management Mr. Nimish K. Patel (Chairman & Managing Director), Mr. Hasmukh K. Patel (Whole Time Director), Mr. Snehal Patel (Independent Director), Ms. Himanshi M. Shah (Independent Woman Director). |
Our journey and innovations Started as oil mill in 1987; shifted to integrated solvent extraction and refining with advanced technology; expanded globally with a UK trading branch. |
Where we operate Mainly India with exports to Europe, Brazil, and the United States; trading presence in London, UK. |
Top products or what we offer Castor oil, 12 HAS, ricinoleic acid, hydrogenated castor oil, and allied castor derivatives. |
Top brands - |
Raw materials needed Castor seeds for crushing and oil extraction. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical linked to agricultural production and global commodity demand. |
Our industry position Key integrated castor oil producer with notable presence in domestic and export markets but facing financial challenges. |
Financial highlights FY 2024-25 standalone revenue ₹240 lakhs; consolidated ₹1681 lakhs; net loss increased to ₹355 lakhs; EBITDA shows operational profits but overall loss due to depreciation and finance costs. |
Geographical revenue split Primarily India revenue of ₹16.13 crores; also exports to Europe, Brazil, and US. |
Order book - |
Whats driving growth Demand for natural oils in specialty industries; technological upgrades; leveraging export markets; strategic dry lease to generate steady income. |
Our future plans Focus on cost optimization, improving profitability, and business revival through operational efficiencies and subsidiary management. |
Our green promise - |
Our people and values Strong governance with independent directors; emphasis on ethical practices and whistleblower policy. |
Key challenges ahead Financial losses, legal and regulatory proceedings, asset attachments, and recovery of dues impacting operations. |
Interesting facts Has a trading branch in London; underwent BIFR rehabilitation; uses energy-efficient solvent extraction and hydrogenation technology. |
Risks and strategy Legal disputes, tax demands, and regulatory actions pose risks; management confident in revival via business plans and cash flow projections. |
